Question
Quad city manufacturing reported the folliwng items: Sales $6,000,000, Variable Cost of Production $1,500,000, Variable Selling and Admin expenses, $550,000, Fixed Costs, $1,350,000, EBIT $2,600,000
Quad city manufacturing reported the folliwng items: Sales $6,000,000, Variable Cost of Production $1,500,000, Variable Selling and Admin expenses, $550,000, Fixed Costs, $1,350,000, EBIT $2,600,000 and the marginal tax rate of 35%. Quad Citys break even point in sales dollares is?
A-$2,050,633
B-$2,438,750
C-$2,197,500
D-$2,785,000
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
